Analysts have expressed concerns over a recent claim that the federal government resorted to printing money to augment the monthly allocation to the three tiers of government, warning that it could heighten inflationary pressure with dire consequences for the country’s exchange rate and economy. The analysts, in separate interviews with newsmen, warned that a sustained policy of printing the currency, if not well managed, would hurt the economy. The concern came on the heels of recent revelation by Governor of Edo State, Mr. Godwin Obaseki, that due to the dwindling revenue in the face of declining oil revenue arising from the growing sources of alternative sustainable energy, the federal government had to print money to augment the amount available for sharing by the federal, state and lo...
Britain’s Prince Charles paid a personal tribute on Saturday to his “dear papa” Prince Philip, saying the royal family missed him emormously and that the 99-year-old would have been amazed at the touching reaction across the world to his death. Philip, the husband of Britain’s Queen Elizabeth who had been at her side throughout her record-breaking 69-year reign, died at Windsor Castle on Friday. “As you can imagine, my family and I miss my father enormously,” Charles, the couple’s eldest son and heir to the throne, said outside his Highgrove House home in west England. “My dear papa was a very special person who I think above all else would have been amazed by the reaction and the touching things that have been said about him and from that point of view we are, my family, deeply grateful f...
Governments are putting women and girls at greater risk of the health and socio-economic impacts posed by the coronavirus pandemic, two global studies released Wednesday show. They called on leaders to prioritise gender equity in their response to the health crisis. Two studies, one from a global research partnership led by the Global Health 50/50 Project in London and another by the Center for Global Development (CGD) in Washington, were released Wednesday to coincide with World Health Day that highlight major failings by national governments to consider sex or gender in their COVID-19 policies. Since the start of the pandemic in March 2020, several studies have pointed to the disproportionate impact of the pandemic on women. Many women have shouldered a heftier burden taking on more unpa...
Governor Samuel Ortom Monday cautioned against anyone politicizing last Saturday’s attempt on his life by gunmen at Tyo-Mu community in the outskirts of Makurdi town along Makurdi-Gboko road. He stressed that the level of insecurity in the country was a clear indication that Nigeria was sitting on a gun powder and everyone must be conscious to avert an implosion. The Governor who spoke at the end of an emergency State Security Council meeting held in Makurdi, appealed to Benue people to be calm and await the outcome of the investigation being carried out by the Police as directed by the Inspector General of Police, IGP. The Governor who said he was still in shock, lauded the Presidency, the Inspector -General of Police, IGP, as well as the array of groups including Nigeria Govenors’ Forum,...